Houston Muni Pension suit adds to Highland drama
Thu May 26, 2011
The $2.5 billion Houston Municipal Employees’
Pension System has sued Highland Capital over the
firm’s Highland Crusader Fund, which the pension
fund claims was harmed due to not being managed in the best
interests of the partnership and its limited partners.
The current legal action is not new for Highland, as a small
group of investors in 2009 held mediation meetings with the
ISSN: 2151-1845 / CDC10004H
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